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September 2014

September 2014 » Market Analysis » New York Retail Report

September 2014 NYC Retail Space Graphs and Statistics


NEW YORK RETAIL VACANT SPACE
(In Millions of Rentable Square Feet)
Direct Sublease Total % Vacant % Monthly Change
Midtown Manhattan Retail 0.28 0.02 0.3 2.4 % -0.62 %
Midtown South Manhattan Retail 0.39 0.02 0.41 3.1 % 2.84 %
Downtown Manhattan Retail 0.25 0.0 0.25 6.4 % -3.18 %
Total Manhattan Retail 0.92 0.04 0.95 3.2 % 0.0 %
NEW YORK RETAIL VACANT SPACE NOW AND IN THE NEXT TWO YEARS
(In Millions of Rentable Square Feet)
Direct Sublease Total % Vacant % Monthly Change
Midtown Manhattan Retail 0.88 0.09 0.97 5.71 % -0.62 %
Midtown South Manhattan Retail 0.7 0.07 0.77 4.52 % abc 2.84 %
Downtown Manhattan Retail 0.28 0.0 0.28 6.85 % 0.0 %
Total Manhattan Retail 1.86 0.16 2.02 % 0.35 %

Manhattan Retail Rent Vacancy

  • Total Available Manhattan Retail Space stayed at 0.95 million RSF.
  • Midtown Manhattan Retail vacancy stayed at 0.3 million RSF.
  • Midtown South Retail space vacancies increased from 0.39 million RSF to 0.41 million RSF.
  • In Downtown Manhattan, Retail vacancy decreased from 0.26 million RSF to 0.25 million RSF
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